In Platinum Conversation on the home page of WallStreetAllStar.com Cody asked the other contributors how they’re standing right now and if they’re making any new moves. Here’s the discussion.
Cody Willard
September 16, 2024 - 2:37 PM
Now the question for the other contributors — anybody making any changes before the weekend? Been a big 5% week, as Jordan noted in his morning post. I did a little trimming this week but am still very long. Jay did some buying in tech earlier in the week. Anybody making any moves into the weekend?
Jeff Miller
September 16, 2024 - 2:56 PM
@cody — our ‘Felix” ETF model, which I introduced last night, just gave a signal on two ETFs. These came out of the “penalty box” - you need to read the article to understand. Anyway, bought some SH and DOG in trading accounts, so going a bit short.
Jordan Kahn
September 16, 2024 - 2:57 PM
I’m keeping it balanced. I added to some of the trading longs I mentioned here the other day, but I also added to our index ETF hedges.
Jay Somaney
September 16, 2024 - 3:00 PM
I did lighten up on a few trading positions after big percentage moves in those names but I remain plenty long in techland. Netflix is a falling knife at the moment. RIMM was a dollar away from making a new fifty-two week low but is also untouchable today. Will visit both these fallen high-fliers on Monday.
Bill Fox
September 16, 2024 - 3:03 PM
I’m pretty long in techland too and holding into the weekend. Bought a couple Jan 2012 call options in RVBD earlier this week.
David Merkel
September 16, 2024 - 3:45 PM
Not doing anything with stocks today. I don’t trade much. As for bonds, letting go of a little emerging markets exposure, and adding some fringe developed country exposure in local currency, not USD.
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